147 Patchen Ave, Brooklyn, NY 11221
Spacious 2-family townhouse with renovation potential in prime Brooklyn location.
- Added:
- Apr 22, 2026
- Days on Market:
- 61
- Last Refresh:
- Apr 22 at 7:14 pm
Property Features for 147 Patchen Ave
General Information
- Standard status
- Active
- Size
- 2,628 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1899
Listing agent Gregory Gilmore
Listing office
Listing date Apr 22, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Gregory Gilmore
HighLights
- Prime Bedford‑Stuyvesant Location
- 2‑Family Townhouse with Rental Potential
- Spacious: 6 Bedrooms, 3 Bathrooms, 2,628 Sq Ft
- Owner’s Duplex
- Top‑Floor Renovation Opportunity
- Excellent Transit Score (98 - Rider's Paradise)
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.0k | $51.00 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $131.5k | $50.03 |
| − OpEx | −$39.4k | −$15.01 |
| NOI | $92.0k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.92647
- Latitude
- 40.686413
